ID MINING
We checked ID MINING against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
ID MINING displays an incorporation certificate of CLOUD TECHNOLOGY LIMITED, issued by the Companies House (CH), under the company number 09674619. While it is true that corresponding records exist in the CH register, investors should be aware that the CH only serves as a registrar of companies in the UK and has no authority to issue licenses for financial activities. ID MINING, as a forex broker, should obtain authorization from the UK Financial Conduct Authority (FCA) before they can solicit investors. However, our search for this broker in the FCA registry didn't yield any results. This means that ID MINING is operating in the absence of proper authorization. In essence, ID MINING is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. It is unequivocally a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report ID MINING.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.